Remove Financial Services Remove Management Fees Remove Performance Fees
article thumbnail

CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

billion of net income, CPP Investments directly and indirectly incurred $1,617 million of operating expenses, $1,449 million in investment management fees and $2,067 million in performance fees paid to external managers, as well as $427 million of transaction-related expenses. a leading financial services company.

article thumbnail

Transcript: Ilana Weinstein

The Big Picture

Their mainstay financial services practice, which was banking and equities, fell off a cliff. You have no performance fee and no line of sight to getting to one anytime soon, and you have AUM shrinking by virtue of the losses, as well as the fact that LPs are now rightly redeeming. WEINSTEIN: Cut in half.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. which is focused primarily on mid-market buyouts in North America in the health care, financial services, technology, media & telecommunications, and business & consumer services sectors.

article thumbnail

Transcript: Mathieu Chabran

The Big Picture

You know, that’s one thing in Europe where London was, I actually think, still remains the one place where you want to get exposure when you join financial services. Because London remains a critical business center for financial services. CHABRAN: Yes, no that’s right Barry.

Banks 59